New China Life Insurance Company Ltd. (OTCMKTS:NWWCF – Get Free Report) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 5,756,953 shares, an increase of 1,306.4% from the July 15th total of 409,336 shares. Based on an average trading volume of 25,257 shares, the days-to-cover ratio is presently 227.9 days.
New China Life Insurance Price Performance
New China Life Insurance stock traded down $0.16 during trading hours on Tuesday, reaching $6.25. The stock had a trading volume of 4,529 shares, compared to its average volume of 9,342. New China Life Insurance has a 52 week low of $5.10 and a 52 week high of $8.65. The company has a fifty day simple moving average of $6.33 and a 200-day simple moving average of $6.75.
About New China Life Insurance
New China Life Insurance Co, Ltd. (OTCMKTS:NWWCF) is a Beijing-based life insurance company established in 1996. As one of the leading insurers in the Chinese market, New China Life offers a diversified portfolio of life insurance, health insurance and accident insurance products designed to meet the protection and savings needs of individual and group customers.
The company’s product lineup spans traditional life protection policies, health and critical illness coverage, annuities and pension plans.
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